Issue information:
| • Issuer, issue number: |
Gazprom, 2034 (LPN2) |
|
| • Type of bond:
|
Eurobonds-LPN |
| • Issue status: | outstanding |
| • Par, currency of issue: | USD, 100000 |
| • Amount: | 1 200 000 000 |
| • ISIN: | XS0191754729 |
| • End of placement: | Apr 28 2004 |
| • Issue price: | 100 |
| • Coupon: | 8.625% |
| • Coupon frequency: | 2 time(s) per year |
| • Settlement date: | Apr 28 2004 |
| • Maturity date: | Apr 28 2034 |
| • Early redemption terms: | On April 28th 2014 at par,
date: 28.04.14, price: 100, type: PUT. |
| • Arrangers: | Joint Lead Managers: Deutsche Bank, CSFB
Senior Co-Lead Manager: Rosbank
Co-Lead Managers: ABN AMRO, Commerzbank, Credit Lyonnais, DKW, Merrill Lynch, Renaissance, and UBS |
| • Trading floor, listing category:
|
Luxembourg S.E. |
| • Issue ratings: (rating history) |
| Standard&Poor's |
BBB |
Int. Scale (foreign curr.) |
|
| Moody's |
Baa1 |
Int. Scale (foreign curr) |
10/27/2005 |
| Fitch Ratings |
BBB-/Stable |
Int. Scale (foreign curr.) |
07/13/2006 |
|
| • Additional information: | ISIN 144A US368266AA08
According to the Deutsche Bank data, the issue was heavily oversubscribed (around 3 times). The geographic breakdown was the following: 47% - USA, 29% - UK, 11% - EU, 7% - Russia, 2% - Asia, others – 4%.
By investor type, 46% were sold to Fund Managers; 19% - to Banks; Hedge Fund took 15%, Insurance Companies – 11%, Retail Banks – 4%, others – 5%.
The bonds were placed under the borrowing program worth $5 bln. The bonds were released as the loan participation notes of Luxembourg SPV - Gaz Capital S.A. under 144 A/Regulation "S". 10-year put option may be carried out at 100% par value.
The clearing is to be made by Euroclear, Clearstream.
The payment agents are Deutsche Bank AG London, Deutsche Bank Luxembourg S.A., Deutsche Bank Trust Company Americas. Deutsche Bank, UBS Investment Bank are arrangers and permanent dealers; ABN Amro, Credit Suisse First Boston, JPMorgan, Morgan Stanley, Commerzbank Securities, HVB Corporates and Markets, Merrill Lynch International, Renaissance Capital and Rosbank - permanent dealers.
According to the leads data 51 per cent of demand came from the US, with European investors taking 39 per cent and Russians 8 per cent of the issue. The book totalled $2.7bn. |
| • Files:
|
Offering Circular Ãàçïðîì-2034
Offering Circular Gazprom due 2034
|
| • Investment banks:
|
Placement participant(s):
Credit Suisse
Deutsche Bank
|
|
Borrower:
Financial accounting:
Quarterly FFMS Reports:
|
